Compare Auto Insurance Companies & Rates In New Jersey

Compare Auto Insurance Companies & Rates In New Jersey

Although purchasing auto insurance is crucial, it can be challenging to locate affordable auto insurance in New Jersey. Comparing prices from many insurers is the easiest approach to obtain affordable auto insurance.

According to the most current NerdWallet review of full coverage vehicle insurance rates in New Jersey, Geico has the lowest rates, charging an average of $1,473 per year, or $123 per month. Full coverage auto insurance in New Jersey currently costs an average of $2,809 annually, or roughly $234 monthly.

The average cost of New Jersey’s minimum coverage is $1,146 a year, but our research showed that you may probably find a cheaper policy. For instance, State Farm offers New Jersey’s most affordable rates at $280 annually.

How we chose the Insurance Companies & Rates in New Jersey

The five lowest options for drivers of 2020 Toyota Camry Ls across a range of age categories and with various driving records have been identified after we compared the prices offered by 18 different auto insurers in New Jersey. We looked at pricing that corresponded to the minimal standards in New Jersey for minimum coverage. We utilized the following coverage limits for complete coverage:

• $100,000 bodily injury liability per person.
• $300,000 bodily injury liability per accident.
• $50,000 property damage liability per accident.
• $100,000 uninsured motorist coverage per person.
• $300,000 uninsured motorist coverage per accident.
• Collision coverage with a $1,000 deductible.
• Comprehensive coverage with a $1,000 deductible.

Car Companies Insurance in New Jersey for 20-year-olds

Finding the finest affordable auto insurance may require drivers in their 20s to compare numerous estimates. Prices might be extremely high for younger drivers in their 20s, but they often decline as they get more driving experience. It is best to look around to find them because certain businesses consistently offer younger drivers lower insurance prices.

The following businesses, which had the lowest average rates, may be worth considering for New Jersey motorists with spotless driving records:

• NJM: $2,324 per year, or about $194 per month.
• Geico: $2,848 per year, or about $237 per month.
• State Farm: $3,194 per year, or about $266 per month.
• Penn National: $3,292 per year, or about $274 per month.
• Plymouth Rock: $3,519 per year, or about $293 per month.

Auto Insurance in New Jersey for 20-year-olds with Poor Credit

Drivers with poor credit in New Jersey should look at the following insurers with the lowest average rates for minimum coverage:

• State Farm: $1,319 per year, or about $110 per month.
• NJM: $1,523 per year, or about $127 per month.
• Good2Go: $1,681 per year, or about $140 per month.
• Plymouth Rock: $1,767 per year, or about $147 per month.
• Selective: $1,799 per year, or about $150 per month.

Auto Insurance in New Jersey for 20-year-old Drivers with one at-fault Crash

For drivers with a recent accident in New Jersey, here are the companies with the lowest average rates for minimum coverage:

• NJM: $895 per year, or about $75 per month.
• Geico: $977 per year, or about $81 per month.
• State Farm: $1,017 per year, or about $85 per month.
• Selective: $1,906 per year, or about $159 per month.
• Plymouth Rock: $2,006 per year, or about $167 per month.

Full Coverage Car Insurance in New Jersey for 30-year-olds

By the time they reach their 30s, most drivers will enjoy cheaper car insurance rates than in their teens and 20s. Still, factors like a person’s driving record and car make and model can increase prices. Drivers in their 30s can get lower rates by shopping around and taking advantage of any car insurance discounts.

• Drivers in New Jersey with clean driving records may get the lowest rates from these companies:
• Geico: $1,490 per year, or about $124 per month.
• State Farm: $1,511 per year, or about $126 per month.
• NJM: $1,535 per year, or about $128 per month.
• Penn National: $1,682 per year, or about $140 per month.
• Selective: $1,897 per year, or about $158 per month.

Cheap car Insurance in New Jersey for 40-year-olds

Drivers in their 40s tend to have better insurance rates than their younger counterparts on average, but still pay more than older age groups. Shopping around for cheap car insurance quotes with multiple insurers is the best way to find lower rates. Good drivers who don’t get behind the wheel often might want to consider pay-per-mile insurance, which charges drivers by how many miles they drive.

Drivers in New Jersey with clean driving records may want to think about the following companies, which had the lowest average rates:

• NJM: $1,443 per year, or about $120 per month.
• Geico: $1,451 per year, or about $121 per month.
• State Farm: $1,489 per year, or about $124 per month.
• Penn National: $1,544 per year, or about $129 per month.
• Selective: $1,696 per year, or about $141 per month.

Cheap Car Insurance in New Jersey for 50-year-olds

Drivers in their 50s have cheaper car insurance rates than most other age groups on average. Prices will continue to drop as they inch toward their 60s and gain more driving experience. Rates can still vary depending on other factors such as a driver’s gender and location, so it’s smart to shop around to find the best rate. Our list of cheap auto insurance companies is a good place to start.

Drivers in New Jersey with clean driving records may want to get quotes from these insurers, which had the lowest average rates:

• NJM: $1,351 per year, or about $113 per month.
• Geico: $1,391 per year, or about $116 per month.
• Penn National: $1,440 per year, or about $120 per month.
• State Farm: $1,442 per year, or about $120 per month.
• Selective: $1,600 per year, or about $133 per month.